Bridger Aerospace Reports Record Q1 Revenue Growth

Bridger Aerospace Group Holdings, Inc. ( (BAER) ) has released its Q1 earnings. Here is a breakdown of the information Bridger Aerospace Group Holdings, Inc. presented to its investors.

Bridger Aerospace Group Holdings, Inc., based in Belgrade, Montana, is one of the largest aerial firefighting companies in the United States, providing wildfire management services to government agencies domestically and internationally.

In its latest earnings report, Bridger Aerospace announced record revenue for the first quarter of 2025, driven by the earliest deployment of its Super Scoopers in company history and new contracts, including a significant agreement with the U.S. Department of the Interior.

The company reported a revenue increase to $15.6 million in Q1 2025, a significant rise from $5.5 million in the same period last year. Despite a net loss of $15.5 million, this was an improvement over the previous year’s $20.1 million loss. Key strategic moves included a new exclusive-use contract with Montana and a five-year contract with Alaska, alongside the appointment of Meghan Pasricha as an independent director.

Looking ahead, Bridger Aerospace remains confident in achieving its 2025 financial guidance, projecting an Adjusted EBITDA between $42 million and $48 million on revenues of $105 million to $111 million, reflecting the company’s strategic positioning and operational readiness for the growing year-round wildfire activity.